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.s. economy. during the holiday-shortened week the markets moved in tandem for the fiscal cliff. up more midweek. the markets continued to climb on friday. stunning accusations that one of america's iconic companies hewlett-packard which acquired autonomy last year for $11 billion is accusing autonomy of what it called serious improprieties in its bookkeeping and inflating its own value. meg witman says the company lied about how much it was worth. >> we believe there's a willful effort on the part of certain members of autonomy management to mislead shareholders when they were a publicly held companies and mislead buyers including hp and we stand by the forensic review we have seen. as you know, we have turned it over to the fcc. >> we are shocked. we have been pretty ambushed by this today. first we heard about it was a press release and we refute them. they are factually incorrect. we'd like to learn more about them. i'm afraid the details haven't been shared with us. >> reporter: autonomy ceo said the company followed normal accounting practices. hp took an $8.8 billion charge this q
approaching, there is a big story looming on the economy. and before this is over it is going to affect every american who pays taxes, has a mortgage or -- has to manage their own money, and that is every american. tonight, while shopping is a big story, along with the surprising amount americans are spending the bigger story is the fact that some very tough choices are coming, and it is the folks in washington who are going to decide for everyone. we have it all covered tonight, beginning with our chief white house correspondent, chuck todd, good evening. >> reporter: good evening, leaders in wall street and washington have been warning for weeks of a possibility of an economic downturn if they don't avert what we have been calling the fiscal cliff. and yet the consumers we have been talking about are not acting very worried. trying to capitalize on the strong holiday shopping season, the president warned that the economy will spiral downward if it is not addressed. >> i think it is a reason that retailers are so concerned. that congress has not yet extended the middle class tax cuts. >> rep
on the verge of a second obama term in office? the economy, the fiscal cliff talks, the president's priorities in the next four years. our roundtable is here. david brooks of "the new york times." msnbc's reverend al sharpton. former ceo of hewlett-packard carly fiorina >> historian and film maker ken burns. and nbc chief foreign affairs correspondent andrea mitchell. and we'll here from representative gregory meeks this morning as we check in on some of the hardest-hit victims of hurricane sandy and see how they offered thanks this weekend while surrounded by destruction. >>> from nbc news in washington, the world's longest-running television program, this is "meet the press." with david gregory. >>> president obama doing his part for the economy over the weekend out holiday shopping as part of small business saturday, picking up several children's book at an independent bookstore iypÑarlington. >>> meanwhile, uncertainty in the middle east. more clashes in egypt over the weekend as police use tear gas this morning to disburse protesters in cairo. i want to start there. we have "new york tim
the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> we are joined now by our roundtable, andrea mitchell and david brooks. former ceo of hp carly fiorina. al sharpton is here. and we're pleased to have ken burns. his new film "central park five" debuted in new york on friday. and we'll be talking about that. ken, great to see you. hope you all had a great thanksgiving. now we're looking ahead, because things are going to get serious in washington. amid all the holiday parties for the president, he has to try to get a fiscal deal. reverend al, based on what you've heard here today, don't we have to deal with the tax fight first before the president moves on to anything else? and do you sense that republicans are prepared to do that? >> i think we're going to have to deal with the question of where the tax rates go. no question about it. friday before last, the president met with 12 progressive leaders. i was there. the same day he had ju
will about the state of the economy but americans didn't hold back this holiday weekend. a record number of shoppers were out there, 247 million in all. the amount spent per shopper last year, total spending was up, online sales was up too. that doesn't include all the online spending about to happen tomorrow. we begin with kristen dahlgen at a mall in california. kristen. >> reporter: good evening, kate. those door buster deals may be gone but the shoppers aren't. you can see them up here wrapping up a retail at the national retail federation is calling as impressive as we've seen. from the moment doors opened thursday before the thanksgiving dishing were even done until they close tonight almost a quarter billion shoppers will have been online or in stores. >> put my sneakers on and go for it. >> reporter: shopping started earlier than ever. in spite of the employee protests, the early opening paid off. more than 35 million shopped on thanksgiving. six million more than last year. black friday was big too. 89 million brave the crowds in search of those hard to beat bargains up from 86
the start of something big for the u.s. economy. 147 million people were expected to shop between friday and sunday. record numbers of shoppers are making purchases on their mobile devices or ipads, and for those who did venture out today, the foot traffic wasn't just at big box retailers but also at mom and pop neighborhood stores, part of a concerted effort to promote small business on this holiday saturday. nbc's michelle franzen has been out in the crowds today, she joins us in front of macy's, the flagship store in new york. good evening, michelle. >> reporter: good evening, kate. consumer confidence has been improving over the last few months, and retailers are hoping that new excitement along with the emotions of the holiday season will translate into a boost in sales. the hunt for deals today paid off for donna bunk, who was just getting started with her holiday shopping in new york city. >> not expecting to get a pair of boots but when you walk past these and they're only $30, how could you go wrong? >> reporter: just the attitude retailers are banking on that the crucial holida
of the economy, but americans didn't hold back on what turned out to be a record-breaking holiday weekend for retailers. and it's not over yet. cyber monday is officially in full swing and experts predict today will be the biggest online shopping day of the year to the tune of $1.5 billion. nbc's kristen dahlgren has more. >> reporter: from the moment doors opened thursday, before the thanksgiving dishes were even done, almost a quarter billion shoppers will have been online or in stores. >> i just prepare, put my speakers on and go for it. >> reporter: shopping started earlier than ever, and in spite of the employee protests, the early opening paid off. according to the national retail federation, more than 35 million shopped on thanksgiving, six million more than last year. black friday was big, too. 89 million braved the crowds in search of those hard-to-beat bargains, up from 86 million last year. >> the biggest wish list is -- >> uggs. >> reporter: and americans spent more, too. the average shopper spent $423 this weekend, up from $398 last year, for a total of $59.1 billion. it's no
to strengthen both country's economies. >>> after black friday, small business saturday and cyber monday, organizers are hoping the first annual giving tuesday will become a new holiday tradition. the campaign encourages folks to donate time and/or money and then share the good deed on social media. >>> and veteran nbc newsman tom brokaw will be honored with the annual ken burns lifetime achievement award for his contribution to the arts through history related projects. >>> all day long you can stay on top of the very latest developments in those stories and others as they break on msnbc. and tonight be sure to watch "nbc nightly news" with brian williams. >>> and, finally, here's a look at what's coming up later this morning on the "today" show. in a "today" exclusive business tycoon warren buffett is live with his take on the state of the economy, the fiscal cliff, and taxing the rich. >>> and actress scarlett johansson talks about the oscar buzz surrounding her new role in "hitchcock." >>> and now keep it on this channel for continuing local news, weather, sports, and more. i'm lynn
. many of us have a lot to be thankful for today, but even as the u.s. economy starts to sputter back to life, millions of americans remain unemployed and they're suffering. many find themselves falling out of the middle class and falling into poverty. there are more people living in the suburbs than in cities and we have been following three families as they confronted poverty. they face losing their homes and their future, yet never losing themselves. diane is the kind of do it all mom you often meet in the affluent suburbs of boulder, colorado. >> we're going to get some groceries. pasta, rice. cereal. a gallon of milk possibly and eggs. >> she's an ambitious human resource executive with a master's degree, a husband, three kids. and a comfortable home. so what is diane doing here? >> you're entitled to the government commodity today. can you use rice krispies? >> yeah. >> and a food pantry. >> i never thought we'd be in this predicament so many unknowns. >> they didn't see it coming. three years ago when they moved from michigan to the boulder suburbs. >> i felt that it was going
where they can. >> the factors that are behind these numbers relate primarily to the economy and, as we all know, the economy is still sluggish but there is improvement. >> reporter: aaa estimates 45% of travelers left the wednesday before thanksgiving with 36% returning today and another 25% returning on monday. and if the big travel day before thanksgiving was any indication, it could be a long journey home. this is what it looked like on the 405 in los angeles on the big getaway day with traffic backed up for miles. and on thanksgiving morning, as drivers headed out on i-10 east outside beaumont, texas, dense fog caused a deadly chain reaction pileup involving 100 vehicles. husband and wife, vincent and debbie leggieo, were killed. 100 people injured and the trail of twisted wreckage stretched for two miles. and now forecasters say more fog and even snow in parts of the midwest and northeast could make it a little tougher getting home after a long holiday weekend. and, again, the roads along the new jersey turnpike this hour so far so good but later today, erica, this could be a virt
for that the economy is finally on the mend? we're going to ask a guy who just might be the best investor ever to walk this earth. how is that for an introduction. >> pretty good. >> warren buffett, glad to have you here. >> all right. an important health warning. if you've having a grapefruit or grapefruit juice for breakfast this morning, it can have serious, even fatal side effects, if you're using certain medications. dr. nancy snyderman will be here to explain that. >> a lot of medications take. like mother, like daughter. anna nicole smith's little girl is modeling for the clothing brand guess just like her mother did. we'll have more on that story. >>> we're also going to tell you about a recent health scare for oprah winfrey. >> we want to begin with cyber monday, big success. diana alvear is live from phoenix at the amazon.com fulfillment center. good morning to you. >> reporter: lots of happy faces on the floor this morning. now that it's clear the consumers were out in full force, shopping with their laptops, their devices, turning amaz amazon.com into their top online destination. whether
. >> my mom worked at butterball. >> reporter: locals say it's not easy work, but in a tough economy, a product most americans buy at least once a year keeps the paychecks coming. and the free bird given to the workers doesn't go to waste. >> reporter: what do you eat for thanksgiving dinner? >> turkey. >> reporter: no. >> yes. yes, of course. >> reporter: catering the holiday meal from a small town that runs on turkey. janet shamlian, nbc news, ozark, arkansas. >>> how about some sports. start with the nba. carmelo anthony went on a scoring bring with 29 points in a 102-80 victory over new orleans. the knicks have eight wins and only one loss. former knicks coach mike d'antoni made his day daye bu as the new coach of the lakers. the lakers beat the nets 95-90. >>> in college basketball, rodney clark made very long three-pointers to give unranked butler a stunning upset as number nine north carolina, 82-71 at the howie classic in ha why see. >>> meet jack taylor, division three grenel college, set an astounding scoring record with 138 points against faith baptist bible. final score 1
that is a good thing. now the rental company and the sour economy have caused a lot of people to get on the bus. some 600,000 people are expected to get on the bus, it is a trend we expect to see now until the end of the year. >> ron mott, safe travel. >>> and today, the dow up 48 points, the nasdaq gaining just under 10 points. and the s&p 500 was a little more than three points higher on the day. >>> up next, families facing tough decisions about the place they call home. >>> thousands of people in the northeast will be spending this thanksgiving somewhere other than home because of hurricane sandy. and in one new jersey town, they're struggling with the question many in new orleans dealt with after katrina. should they go back home and rebuild at all? sayreville is at the intersection there and has been flooded over and over. nbc chief correspondent anne thompson has more on some residents who have had enough. webber avenue, they do a strange thing. taking away debris, but not the heartache of a neighborhood in ruins orange stickers declare 230 homes uninhabitable. including this one. >> it
economies raised hopes for improving global growth. >>> facebook wants to stop letting users vote on changes to its privacy policies. the social network is concerned about the quantity versus quality of feedback generated by the current setup. the company says users will still be able to weigh in during a seven day comment period. >>> and the u.s. post office is hoping to cash in on the season's bounty of online shopping with same day package delivery. the expedited service will be tested in san francisco next month and if it's successful the program will expand to other big cities like boston, new york and chicago. >>> some incredible sports highlights are straight ahead, plus just 12 short years ago it was billed as the tallest and fastest wooden coaster, but now no more. we're going to tell you why. >>> weekend forecast is definitely talking about the big chill. all those details coming up. you're watching "early today." >>> well, good morning. some other stories making news across america now. hundreds of volunteers helped serve thousands of men, women, and children in need of a traditio
that could be helping the economy. brian moore, nbc news, washington. >>> former hp executive and republican political activist says the nation's wealthy need to know they will need to pay more. >> taxing the wealthy is not a process of addressing our great opportunities and challenges. so, as uncommon as it is for republicans to say we will put revenue on the table and i think john boehner was crystal clear that revenue is on the table. the president needs to say here's my grand vision. >> she says the president should focus on addressing the issues that would jump start small business and encourage entrepreneurs. >>> the nhl lockout turned ten weeks old and business s are hurting. many bars and restaurants rely on customers that come in on game days. on friday the nhl announced the cancellation of games through december 14th. henry's high life is one of the businesses starting to feel the pinch. >> the gooim nights the games would be scheduled tuesdays and thursdays, business is down 50%. a huge impact for us and a lot of servers and bartenders aren't making the money we used to make and w
. then where does america stand on the verge of a second obama term in office? the economy, the fiscal cliff talks, the president's priorities in the next four years. our roundtable is here. david brooks of "the new york times." msnbc's reverend al sharpton. former ceo of hewlett-packard carly fiorina >> historian and film maker ken burns. and nbc chief foreign affairs correspondent andrea mitchell. and we'll here from representative gregory meeks this morning as we check in on some of the hardest-hit victims of hurricane sandy and see how they offered thanks this weekend while surrounded by destruction. >>> from nbc news in washington, the world's longest-running television program, this is "meet the press." with david gregory. >>> president obama doing his part for the economy over the weekend out holiday shopping as part of small business saturday, picking up several children's book at an independent bookstore iypÑarlington. >>> meanwhile, uncertainty in the middle east. more clashes in egypt over the weekend as police use tear gas this morning to disburse protesters in cairo. i want to
of the situation of the economy. so but now this is like helped out a real lot. >> reporter: and the number of people needing help is growing daily. >> yesterday we signed up 74 new families who have never before needed help. they've come to sacred heart yesterday. on monday we signed up 81 new families. >> reporter: here at ristorante don giovanni in mountain view, people will pull up chair to enjoy free fine dining tomorrow, which is why today chefs are busy cooking up 125 turkeys, and volunteers are peeling potatoes. restaurant owner john acaya has been opening his doors and offering the feast for 23 years. >> we make sure nobody goes hungry, and we make sure everybody is welcome in here. it doesn't matter who they are, no question asked. >> reporter: the kurdish immigrant says he has so much to be thankful for. he is happy so many people who would otherwise be alone this thanksgiving consider his restaurant home. the feast at don giovanni's restaurant in mountain view will begin tomorrow morning at 10:30 and run until 4:00 in the afternoon. and once again, turkey sandwiches will be hand
in the summer time. you see the other person 362 days of the year. >> unless in today's economy you're all living together. how about you, have you ever dated someone and not got along with the family? >> i'm the same way, families like me. but that's right, don't have to spend a lot of time with them. >> here's a question along the same lines. how long do you think a girl should wait before she introduces a guy to her family, how many dates, a month in? >> i hope it's immediate, let's go to the family first. >> how long so you're not scared off? >> i think it should be a couple of months. just enough so you know this is going somewhere. >> that really is a statement. >> yeah, don't make it an event, you know, kind of just all of a sudden your sister shows up and meets the guy. maybe one day your mom just happens to be at the same coffee shop that you're at and you run into each other. when you do the whole, i want you to meet my family, he's going to run. >> for a long weekend in nantucket. >> i had a point in my life where everybody met my family because i was living in my mother's basem
running. overall, the season is off to a type start, thanks to the snow and the improving economy and pent up demand following a so-so season last year. >> already for thanksgiving day and going into the weekend, we've seen some great crowds. >> reporter: still no top-to-bottom skiing here, so to get back down to the bottom, you have to get on a lift. still, most didn't seem to mind and say if conditions stay like this, they'll be back. >> we're going to make it a habl habit now. >> reporter: homewood resort on the west shore planned to open today but had to push the opening back until december 14. >> if you are going to hit the slopes, this is a great weekend to do it. let's get a check of the forecast. >> that's right. dry conditions, so if you're traveling up to see yara, some smooth sailing. let's get you into today's highs. it was warm out here, near record setting. 71 in santa rosa. 71 in redwood city. santa cruz popping up to 72. and down here in the south bay, 70 in san jose. about 5 to 8 degrees above our averages for this time of the year. numbers dropping to the coldest levels u
they can get. >> and the heart of the economy is for people i understand it. but do you really need that stuff so much? it seems to me that the retailers need need the sales. but we don't need more stuff. >> i remember very few presents that i was given. i don't really remember them, sure i loved them. i love the card. i get more of a kick reading what someone wrote than the other part. but here's a much more -- >> a sign of getting old, by the way. welcome to my world. >> so, here is a pressing question. what do you wear to bed? >> which has nothing to do with anything. >> nothing. what do you wear to bed? do you wear nothing, like some people? >> i wear my wedding ring. excuse me, that is something. >> do you wear a t-shirt and underwear, like a lot of people. >> what do you wear? >> that's what i wear. do you wear a full-on pajama outfit with pants and the top? do you wear -- >> like bobby, hello kitty pjs? >> jockey did a survey, said just under half of us preferred to wear nothing to bed. according to esquire.com, most women want their husbands to come to bed in their underwear
are packed and laptops are coming. >>> it's the sign of an improving economy, we hope. we bring in scott budman. lots of shopping of all kinds. i went to union square and it was packed. >> and that's the best news of all. it doesn't matter how early the malls were open unless a lot of people were willing to spend money. all these numbers are a reflection that we're comfortable shopping online, especially with our mobile devices. you can pretty much boil the shopping world down to this couple we found in a coffee shop. >> i definitely do most of my purchasing online. >> kristen likes to shop from her laptop. >> i try to avoid the mall. it's hectic and saves time. >> i don't do much shopping. when i do i prefer to go to the stores or the malls. i don't know. i guess i'm old school like that. we're happy to say they're making it work. on this cyber monday it seems the new school is making the biggest stride. shoppers more comfortable spending money online than ever. that's almost a three-fold increase already. she points out that it's not just the online shopping world growing so fast. it's
a way to avoid that so called fiscal cliff that could raise your taxes and throw the economy back into recession. kristen welker is in our washington bureau. good morning. >> reporter: president obama is also facing a number of challenges overseas, as you say, from the unrest in the middle east to the continuing fallout over the attack on the u.s. consulate in benghazi. but the fiscal cliff looms large. president obama returning from a post-thanksgiving round of golf, but off the links, the clock is ticking. lawmakers need to hammer out a deal to prevent the so called fiscal cliff. deep spending cuts and tax hikes set to take effect next year. >> i think we're all aware that we have some urgent business to do. >> reporter: after a meeting at the white house last week, congressional leaders struck a rare tone of bipartisanship. >> we had a very constructive meeting with the president. >> we feel very comfortable with each other. >> reporter: but a major sticking point remains -- taxes. president obama wants to let the bush era tax cuts expire for the wealthiest americans. many repu
that small businesses have to our economy, creating half of the private work force and two-thirds of the net new jobs. >> karen, basic question but an important one for consumers going out today. what is a small business? if i'm out shopping, how do i identify it? >> as you walk down main street in the community, many people have people with whom they have relations. it might abdely, a cupcake shop but you can walk in that business on small business start, and they have been preparing for months now. at the small business administration we've had a web page, they have come on and gotten tips so you might see a sign in the door. you might see a shop local. you might see them right out on the corner saying please help us celebrate small business saturday. and we are saying thank you to those people in our community who have done so much. they create jobs, and they support the little league and the girl scouts, so right on saturday i'm going to be walking down main street inri roslindal in boston saying thank you to the community. >> this is the third year you've done it. have you seen tangible
over into the streets, claiming lives and plunging the country's economy into turmoil, and more importantly it is threatening the country's post-revolutionary progress. for a fourth straight night protest efforts attacked the offices of president mohamed morsi's freedom and justice party. the political wing of the muslim brotherhood. demonstrators are angry at president morsmorsi's latest decision, one that's reverting the country to a dictatorship. >> we want a contry of institutions, not symbolized in one person who makes all decisions and nobody can say no. >> reporter: morsi's decree gave him legislative powers and extended the time to write a new constitution by two months. morsi's decisions are beyond judicial challenge and dismissed the attorney general. now the attorney general backed by the country's powerful judges, many appointed by former dictator hosni mubarak, are fighting back. they have called for a nationwide strike in the courtrooms. president morsi and other islamist parties have blamed egypt's judiciary for blocking key reforms. it's why president morsi on fr
Search Results 0 to 24 of about 25 (some duplicates have been removed)